Application Platform News
Our latest news and commentary on applications, covering closed development platforms, SaaS vendors and related online services.
Australia to introduce new laws to force media platforms to unmask online trolls
Australia will introduce legislation to make social media giants provide details of users who post defamatory comments, Prime Minister Scott Morrison has said.
Former Apple worker inspires Washington state measure seeking to curb NDAs
A former Apple Inc employee who had filed a whistleblower complaint related to Apple’s use of non-disclosure agreements (NDAs) has inspired draft legislation in Washington st...
Reddit to shut down Dubsmash app, integrate video tools with platform
Reddit is pulling the plug on its TikTok-like platform, Dubsmash, the social network has said, just a year after buying it for an undisclosed sum to bolster its video creation tool...
Software company VMware forecast profits above expectations
VMware Inc on Tuesday forecast fiscal fourth quarter adjusted profits above expectations and the global demand for cloud computing pushed up sales.
H&F, Bain Capital tap into health tech boom with $17 billion Athenahealth deal
Private-equity firms Hellman & Friedman LLC and Bain Capital agreed to buy Athenahealth for $17 billion, the latest sign of rising interest in companies powering the healthcare...
Baidu warns of ad revenue slowdown after quarterly results beat
Baidu has beaten quarterly revenue and profit estimates on the strength of its cloud business, but warned that China’s regulatory crackdown and the pandemic would weigh on ad...
James Murdoch-backed metaverse app Octi launches
An app that allows users to create and share videos that blend elements of the physical and virtual worlds has ben launched, with financing from James Murdoch and entertainment ind...
US states file updated antitrust complaint against Google
A group of US states led by Texas have filed an amended complaint against Google accusing the tech giant of using coercive tactics and breaking antitrust laws in its efforts to boo...
Microsoft president says tech must compromise, downplays metaverse ‘hype’
The tech sector needs to compromise with regulators and take governments and people’s concerns seriously, Microsoft president Brad Smith has said in an interview.
Facebook will shut down facial recognition system
Facebook Inc has announced it is shutting down its facial recognition system, which automatically identifies users in photos and videos, citing growing concern about the use of suc...
Online learning firm Udemy valued at $3.7 billion in tepid Nasdaq debut
Online learning company Udemy Inc, which has grown rapidly over the past year due to a surge in demand for online learning, was valued at $3.7 billion after its shares opened 7% be...
Microsoft to work with community colleges to fill 250,000 cyber jobs
Microsoft Corp has said it plans to work with community colleges across the United States to fill 250,000 cybersecurity jobs over the next four years.
Platform stampede as investors hunt Latin American unicorns
When Sebastian Kanovich co-founded Latin American digital payments start-up dLocal in Montevideo in 2016, he struggled to get global retailers to take him seriously.
US consumer watchdog to query tech giants over financial data
The US consumer watchdog is expected this week to query tech giants including Facebook, Amazon and Google on how they handle consumer financial data as part of a broader effort to ...